Insights and Stories of Jerry Klassen

Jun. 11, 2018 at 9:00 pm CDT

Western Canadian yearling prices traded $3 to as much as $8 above week-ago levels while calves were steady to $2 higher. Alberta packers were buying fed cattle in the range of $140-$143, unchanged from week-ago levels; however, a fortuitous $5 bounce in the U.S. fed cattle market bolstered buying enthusiasm […]

By Jerry Klassen

Jun. 4, 2018 at 8:07 pm CDT

Compared to last week, western Canadian feeder cattle prices were unchanged to $2 higher on average. Feeder cattle markets appear to have divorced from the fed cattle complex and calves are now reaching levels not seen since November last year. Feedlot operators were fairly aggressive on all weight categories under […]

By Jerry Klassen

May. 28, 2018 at 9:46 pm CDT

Compared to last week, western Canadian yearlings sold $3 to as much as $6 higher while calf markets were relatively unchanged. Feeder cattle futures experienced a $5-$7 rally, which quickly renewed optimism in the cash trade. Ideas that yearling supplies will drop below year-ago levels on both sides of the […]

By Jerry Klassen

May. 21, 2018 at 9:02 pm CDT

Compared to last week, western Canadian yearling prices were trading $3-$5 lower; markets for calves and feeders fit for grass were unchanged to $3 lower. Alberta packers were buying fed cattle at $242 on a dressed basis, down $20-$28 from seven days earlier. The sharp drop in the fed cattle […]

By Jerry Klassen

May. 14, 2018 at 10:52 pm CDT

Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Feedlot operators and order buyers were contending with a number of variables which resulted in a defensive tone. First, the Canadian dollar rallied late in the week, derailing any buying interest from south of the border. U.S. feeder […]

By Jerry Klassen